US Core PPI (Aug MM) 0.2% vs. Exp. 0.3% (Prev. 0.3%)

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[MARKET UPDATE]: Markets volatile after ECB and US PPI, but the primary driver is a surge in energy prices taking DXY above 200dma

US PREMARKET MOVERS: FCX, COO, AVAV, M, LEU, TENB

US Core PPI (Aug MM) 0.2% vs. Exp. 0.3% (Prev. 0.3%)

Yemeni army takes control of Zaqar Island in the international maritime trade waterway in the Red Sea, reports Al Alam citing sources

ECB Staff Projections: 2026 Headline HICP maintained at 3.0% but raises 2027 and 2028 HICP forecasts

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